What is the Accounting treatment for Bad debt written off?

Chandra Sekhar Reddy , Last updated: 27 April 2020 Share Follow on Google News

BAD DEBTS WRITTEN OFF Bad debt: The amount which is not recoverable from debtors is called as Bad debt. It is also termed as Uncollectible amount. Bad debt is total loss to the firm, and it records in debit side of income statement. Methods of Accounting treatment for Bad debts: Accounting

Daily Limit Reached

You have reached your daily limit of 2 Free Articles

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Broadcasts
Daily E-Newsletter
Unlimited Articles Access

BEST VALUE

2 YEAR PLAN

3,499

(Inclusive of GST)

1 YEAR PLAN

1,999

(Inclusive of GST)

Buy CCI PRO Now

Already a PRO member? Login here for an ad-free experience.

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

45358 Views 1 Likes Comment Share Accounts Report

About the Author

Chandra Sekhar Reddy

Financial Analyst

Chandra Sekhar holds an M.Com., and MBA in Finance during 2007-09 from Sri venkateswara university college of Commerce, Management and Information Sciences, Sri venkateswara university. He has also got certifications in Finance field from National Stock Exchange and Bombay Stock Exchange. He has been working with Condu ... Read more

View Articles